Pre-Market IV Report April 9, 2024

Pre-Market IV Report April 9, 2024

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By monitoring this market data, traders can create strategies that capitalize on this often over looked information

Options with increasing option implied volatility: PARA HIMS TTD BHC APP CPRI BMBL CELH TOST UAA PYPL TPR AKAM TSN SLV PAA IRBT GRPN IRBT ALCC BYND PERI RILY AMRK RIVN AFRM

Stocks expected to have increasing option volume: DAL TLRY KMX JPM C WFC BAC GS MS

Alphabet (GOOGL) 30-day option implied volatility is at 34; compared to its 52-week range of 19 to 39 into Google Cloud Next ‘24. Call put ratio 2.3 calls to 1 put.

NVIDIA (NVDA) 30-day option implied volatility is at 43; compared to its 52-week range of 32 to 68.

Super Micro Computer (SMCI) 30-day option implied volatility is at 93; compared to its 52-week range of 54 to 117.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 30; compared to its 52-week range of 22 to 54. Call put ratio 1 call to 1 put.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 35; compared to its 52-week range of 25 to 38 as gold at fresh record high. Call put ratio 2.3 calls to 1 put.

Straddle prices into quarter results

Delta Air Lines (DAL) April weekly 47 straddle priced for a move of 5.5% into the expected release of quarter results before the bell on April 10.

Infosys Limited (INFY) April 18 straddle priced for a move of 6.5% into the expected release of quarter results on April 11.

Fastenal (FAST) April 75 straddle priced for a move of 6% into the expected release of quarter results before the bell on April 11.

CarMax (KMX) April weekly 83 straddle priced for a move of 8% into the expected release of quarter results before the bell on April 11.

Lovesac (LOVE) April 25 straddle priced for a move of 19% into the expected release of quarter results before the bell on April 11.

Conn’s (CONN) April 3 straddle priced for a move of 14% into the expected release of quarter results before the bell on April 11.

Movers

GE Vernova (GEV) 30-day option implied volatility is at 41 amid active April 120 puts.

AZZ, Inc. (AZZ) 30-day option implied volatility is at 36; compared to its 52-week range of 18 to 38.

MP Materials (MP) 30-day option implied volatility is at 64; compared to its 52-week range of 40 to 101. Call put ratio 11 calls to 1 put with focus on September 22.50 calls as share price up.

Perion Network (PERI) 30-day option implied volatility is at 71; compared to its 52-week range of 30 to 89 as share price down.

Skyworks Solutions (SWKS) 30-day option implied volatility is at 36; compared to its 52-week range of 23 to 41. Call put ratio 3.9 calls to 1 put with focus on April weekly (12) calls.

EHang Holdings (EH) 30-day option implied volatility is at 84; compared to its 52-week range of 62 to 147. May 20 and 30 calls active as share price up.

Boot Barn Holdings (BOOT) 30-day option implied volatility is at 48; compared to its 52-week range of 31 to 93. Call put ratio 1 call to 37 puts with focus on May 80 and 95 puts.

Kratos Defense (KTOS) 30-day option implied volatility is at 41; compared to its 52-week range of 25 to 84. Call put ratio 9.9 calls to 1 put as share price up.

Generac Holdings (GNRC) 30-day option implied volatility is at 55; compared to its 52-week range of 33 to 67.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 19; compared to its 52-week range of 16 to 31.

Trump Media & Technology Group (DJT) 30-day option implied volatility is at 124; compared to its 52-week range of 43 to 635.

Options with decreasing option implied volatility: EXAS EDR GH CAG SONY HYG
Increasing unusual option volume: LW DM OPK GLYC PERI SMTC BOOT GGAL TH PAGP
Increasing unusual call option volume: PERI SMTC GGAL OPK ICE GIS PAGP ZTO
Increasing unusual put option volume: PERI LW GEO EH ACB BHC SYF TLRY FOUR
Popular stocks with increasing volume: MU TSM INTC SOFI COIN PLTR UBER PARA TLRY AMC
Active options: TSLA NVDA AMD AAPL AMZN META MU MARA TSM INTC GOOGL SOFI COIN PLTR MSFT DJT UBER PARA TLRY AMC
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $86.80, natural gas up 1%, gold at $2376